Project Report

Emanon College Lab Build

/ Status Date: 26 June 2009
Author: Rebecca Brown

u - Baseline milestone
u - Actual or expected future milestone /

Overall Project Performance

Status / Comments
Deliverables / n / »  Project has 50% of work complete but only 9% of value complete. Most of the value is in the lab equipment.
»  Design phase work is complete.
»  Operations manuals have not commenced as planned, but will be completed within the next reporting period.
»  Lab build work will be conducted in next reporting period.
Schedule / n / »  Construction documents and Designs were both completed two months behind schedule, but in time for construction.
»  Operations manual completion has been pushed out to late July, but this is not a critical milestone yet.
»  Lab construction is still expected to start as planned.
»  The schedule is progressing within acceptable variance.
Budget / t / »  The project has spent $146k (10%) out of the $1.5M budget.
»  Work performed to date: $130k value ($16k over budget).
»  Receiving $0.89 of value for every $1 spent, but most remaining costs are fixed.
»  Estimate at Completion: $1.5M based on fixed costs.
Resources / t / »  Finance manager was released from the project due to poor performance.
»  Finance Director has replaced Finance Manager.
Risks / n / »  No major risk occurrences during reporting period.
»  Risks during construction are low exposure.
Changes / n / »  Sponsor requested that project be completed by August 15, 2009.
»  Minimal rescheduling was required to accommodate request.
Status Legend / n
Controlled / t
Caution / l
Critical
Deliverables / Deliverable is acceptable in current state. / Deliverable status is uncertain or moderate rework is required to be acceptable. / Deliverable is not viable and requires significant rework to be acceptable.
Schedule / Schedule Performance is within 5% of planned rate. / Schedule Performance is >5% and <10% of planned rate. / Schedule Performance is >10% of planned rate or critical milestone will be missed by unacceptable amount.
Budget / Cost Variance % is within 5% of planned amount. / Cost Variance % is >5% and <10% of planned amount. / Cost Variance % is >10% of planned amount or EAC is greater than BAC + contingency.
Resources / Resources are available and being utilized as planned. / Resources are being under or over-utilized by <10% of planned amount. / Resources are unavailable or are being utilized >10% of planned amount
Risks / No major risk occurrences. / Minor risk occurrences affecting project objectives. / Major risk occurrence has affected project objective and contingency plan has been activated.
Changes / No changes requested or required, or any changes initiated affect the project <10%. / Minor changes requested or required affecting the project between 10% and 15%. / Major project changes requested or required affecting the project >15%.